Adobe Systems CEO Shantanu Narayen is downplaying reports this week that the San Jose-based company is in talks to buy smaller rival Marketo for billions of dollars. Speaking on CNBC on Thursday, Narayen said his company is currently focused on integrating another multibillion-dollar acquisition — its purchase this summer of Campbell-based ecommerce platform Magento — into Adobe. Reuters reported earlier this week, citing unnamed sources close to the discussions, that Adobe is quietly negotiating…
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Adobe CEO downplays Marketo buyout rumors, but says more big M&A deals are possible
